Cap Money is a decentralized private credit and stablecoin protocol on Ethereum, MegaETH and Tempo. The platform empowers users to mint cUSD or stake for yield-bearing stcUSD backed by regulated stables and tokenized money market funds, while enabling private credit opportunities where underwriters stake collateral to validate loans and protect the ecosystem from defaults. $CAP functions as the core governance token and facilitates revenue sharing through targeted burns to align long-term incentives.
On October 28, 2024, Cap Money closed its Pre-Seed round, raising $1.9M on or around October 28, 2024, backed by lead investors Kraken Ventures and Robot Ventures with participation from prominent angels and funds including Fernando Martinelli, Sandeep Nailwal, Anagram, ABCDE Capital, and others.